Value Added (Total Manufacturing) — Value Standard Local Currency in Norway
Norway: Value Added (Total Manufacturing) — Value Standard Local Currency was 216,433 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Norway, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Norway stood at 216,433 million SLC.
Compared with earlier readings it is up 0.2% on the previous year and down 2.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Norway peaked at 228,123 million SLC in 2014 and was at its lowest, 143,048 million SLC, in 1970.
That places Norway 67th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Norway, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 143,048 million SLC | — |
| 1971 | 146,397 million SLC | +2.3% |
| 1972 | 153,202 million SLC | +4.6% |
| 1973 | 162,241 million SLC | +5.9% |
| 1974 | 168,554 million SLC | +3.9% |
| 1975 | 164,232 million SLC | -2.6% |
| 1976 | 163,421 million SLC | -0.5% |
| 1977 | 163,451 million SLC | +0.0% |
| 1978 | 160,473 million SLC | -1.8% |
| 1979 | 167,542 million SLC | +4.4% |
| 1980 | 165,593 million SLC | -1.2% |
| 1981 | 162,596 million SLC | -1.8% |
| 1982 | 162,744 million SLC | +0.1% |
| 1983 | 159,086 million SLC | -2.2% |
| 1984 | 168,364 million SLC | +5.8% |
| 1985 | 175,583 million SLC | +4.3% |
| 1986 | 174,968 million SLC | -0.4% |
| 1987 | 178,417 million SLC | +2.0% |
| 1988 | 169,604 million SLC | -4.9% |
| 1989 | 162,769 million SLC | -4.0% |
| 1990 | 160,852 million SLC | -1.2% |
| 1991 | 156,727 million SLC | -2.6% |
| 1992 | 158,287 million SLC | +1.0% |
| 1993 | 161,109 million SLC | +1.8% |
| 1994 | 165,583 million SLC | +2.8% |
| 1995 | 166,078 million SLC | +0.3% |
| 1996 | 173,408 million SLC | +4.4% |
| 1997 | 181,886 million SLC | +4.9% |
| 1998 | 180,530 million SLC | -0.7% |
| 1999 | 181,433 million SLC | +0.5% |
| 2000 | 183,327 million SLC | +1.0% |
| 2001 | 181,792 million SLC | -0.8% |
| 2002 | 180,567 million SLC | -0.7% |
| 2003 | 186,160 million SLC | +3.1% |
| 2004 | 194,298 million SLC | +4.4% |
| 2005 | 201,618 million SLC | +3.8% |
| 2006 | 206,544 million SLC | +2.4% |
| 2007 | 214,505 million SLC | +3.9% |
| 2008 | 220,785 million SLC | +2.9% |
| 2009 | 204,367 million SLC | -7.4% |
| 2010 | 207,201 million SLC | +1.4% |
| 2011 | 210,765 million SLC | +1.7% |
| 2012 | 215,071 million SLC | +2.0% |
| 2013 | 221,673 million SLC | +3.1% |
| 2014 | 228,123 million SLC | +2.9% |
| 2015 | 217,910 million SLC | -4.5% |
| 2016 | 208,953 million SLC | -4.1% |
| 2017 | 209,365 million SLC | +0.2% |
| 2018 | 213,044 million SLC | +1.8% |
| 2019 | 216,927 million SLC | +1.8% |
| 2020 | 205,448 million SLC | -5.3% |
| 2021 | 217,070 million SLC | +5.7% |
| 2022 | 216,058 million SLC | -0.5% |
| 2023 | 216,433 million SLC | +0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 159,256 million SLC | 143,048 million SLC | 168,554 million SLC | 10 |
| 1980s | 167,972 million SLC | 159,086 million SLC | 178,417 million SLC | 10 |
| 1990s | 168,589 million SLC | 156,727 million SLC | 181,886 million SLC | 10 |
| 2000s | 197,396 million SLC | 180,567 million SLC | 220,785 million SLC | 10 |
| 2010s | 214,903 million SLC | 207,201 million SLC | 228,123 million SLC | 10 |
| 2020s | 213,752 million SLC | 205,448 million SLC | 217,070 million SLC | 4 |
Countries ranked near Norway
More economy & growth data for Norway
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.7416 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 63.58 % change on previous year (2022)
- Taxes less subsidies on products (current US$), annual growth rate 6.46 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0885 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 8,374 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.9203 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 87,058 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0724 (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Norway?
- Value added (total manufacturing) — value standard local currency in Norway was 216,433 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Norway?
- The highest recorded value was 228,123 million SLC in 2014.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Norway?
- The lowest recorded value was 143,048 million SLC in 1970.
- How does Norway rank for value added (total manufacturing) — value standard local currency?
- Norway ranks 67th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Norway?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is rising.
- Where does this Norway data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).